Mentha Piperita Market
The market for Mentha Piperita was estimated at $367 million in 2024; it is anticipated to increase to $560 million by 2030, with projections indicating growth to around $797 million by 2035.
Global Mentha Piperita Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Mentha Piperita industry revenue is expected to be around $393.8 million in 2025 and expected to showcase growth with 7.3% CAGR between 2025 and 2034. The notable advancements and ongoing significance of Mentha piperita can be largely credited to its driving forces. Like an increase in worldwide demand for natural and organic ingredients in food and beverage items as well as personal care products and pharmaceutical goods. Consumers are increasingly embracing a change towards health and well being which has resulted in this plant being integrated into a variety of product formulations. The therapeutic benefits linked to Mentha piperita. Its anti inflammatory and pain relieving properties. Play a crucial role, in promoting its market expansion globally.
Peppermint is well known for its origin in East Asia and its unique and delightful scent that sets it apart from herbs out there. With its qualities and rich menthol content it is commonly used to make essential oils and finds applications in various fields such as beauty products, cooking and aromatherapy. This adaptable plant has seen a rise, in popularity in the health and wellness sector, where its healing properties are highly praised.
Market Key Insights
- The Mentha Piperita market is projected to grow from $367.0 million in 2024 to $742 million in 2034. This represents a CAGR of 7.3%, reflecting rising demand across Aromatic, Pharmaceutical and Cosmetic.
- Young Living Essential Oils, doTERRA International LLC, Mountain Rose Herbs are among the leading players in this market, shaping its competitive landscape.
- U.S. and China are the top markets within the Mentha Piperita market and are expected to observe the growth CAGR of 4.7% to 7.0% between 2024 and 2030.
- Emerging markets including Brazil, Malaysia and Poland are expected to observe highest growth with CAGR ranging between 8.4% to 10.1%.
- Transition like Pharmaceutical Innovations is expected to add $23 million to the Mentha Piperita market growth by 2030.
- The Mentha Piperita market is set to add $375 million between 2024 and 2034, with manufacturer targeting Health & Wellness & Food & Beverage End-User projected to gain a larger market share.
- With Rising health awareness, and Expansion in cosmetics and personal care industry, Mentha Piperita market to expand 102% between 2024 and 2034.